Tether (USDT) Buys $150 Million Stake in Gold.com to Boost Tokenized Gold Distribution
15 Articles
15 Articles
Tether acquires 12% stake in Gold.com in $150M strategic investment – #CryptoUpdatesGNIT
Tether, the stablecoin issuer, has acquired a 12% ownership position in Gold.com for $150 million, deepening its expansion into the tokenized gold ecosystem. The investment establishes a long-term partnership to integrate XAU₮, Tether’s gold-backed digital asset, into Gold.com’s distribution channels and explore new on-ramps connecting physical gold and digital currencies. The announcement comes as gold recently surged to a record high above $5,…
Tether Invests $150M in Gold.com and Secures Board Seat
Tether, the issuer of USDT, has announced a $150 million investment in Gold.com. This move aims to connect traditional gold markets with digital assets. As part of the deal, Tether will also nominate a new board member at Gold.com. LATEST: Tether has agreed to invest $150 million in Gold.com and will nominate a new member to the board, with the partnership intended to create an ecosystem bridging gold and digital finance. pic.twitter.com/PHRB…
Tether $150M Deal With Gold.com: Stablecoin Giant Wants to Own the Supply Chain
The obsession with gold continues: Tether, the stablecoin giant, is once again expanding its gold exposure. In a move that signals a major pivot toward hard assets, Tether has struck a definitive deal to invest $150 million into Gold.com. The agreement buys Tether approximately 12% of the precious metals giant and a seat on its board. But this isn’t just an isolated bet; it’s a strategic deployment of capital fueled by a fortress balance sheet t…
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